The Earth's temperature is rising as a result of increased atmospheric concentrations of greenhouse gases. Agriculture is a source of methane and nitrous oxide emissions, two prominent greenhouse gases. Changes in agricultural practices can reduce emissions of these gases, and reduce atmospheric concentration of carbon dioxide by sequestering carbon in soil.

Climate change will affect crop and livestock yields worldwide, which will lead to changes in food and fiber consumption, prices of agricultural commodities, and farm incomes.

ERS is uniquely positioned to analyze these changes through its expertise on the economics of: